Train Babcock Advisors LLC purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,000 shares of the company’s stock, valued at approximately $215,000.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Dollar Tree by 3.2% in the second quarter. Vanguard Group Inc. now owns 22,359,098 shares of the company’s stock valued at $1,563,349,000 after buying an additional 691,393 shares in the last quarter. FMR LLC lifted its stake in shares of Dollar Tree by 49.4% in the second quarter. FMR LLC now owns 17,309,462 shares of the company’s stock valued at $1,210,277,000 after buying an additional 5,724,495 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Dollar Tree by 10.3% in the second quarter. BlackRock Inc. now owns 15,904,087 shares of the company’s stock valued at $1,112,013,000 after buying an additional 1,479,936 shares in the last quarter. Macquarie Group Ltd. lifted its stake in shares of Dollar Tree by 184,411.9% in the third quarter. Macquarie Group Ltd. now owns 8,303,037 shares of the company’s stock valued at $720,869,000 after buying an additional 8,298,537 shares in the last quarter. Finally, Maverick Capital Ltd. lifted its stake in shares of Dollar Tree by 86.7% in the second quarter. Maverick Capital Ltd. now owns 8,135,605 shares of the company’s stock valued at $568,842,000 after buying an additional 3,777,579 shares in the last quarter. Institutional investors and hedge funds own 89.73% of the company’s stock.

DLTR has been the topic of a number of recent research reports. Jefferies Group reaffirmed a “hold” rating and issued a $85.00 price objective on shares of Dollar Tree in a research note on Tuesday, October 31st. Zacks Investment Research raised shares of Dollar Tree from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a research note on Wednesday, November 8th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $118.00 price objective on shares of Dollar Tree in a research note on Friday, November 3rd. Raymond James Financial set a $124.00 price objective on shares of Dollar Tree and gave the company a “buy” rating in a research note on Thursday, December 7th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $98.00 price objective on shares of Dollar Tree in a research note on Friday, November 10th. Twelve analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Dollar Tree presently has an average rating of “Buy” and an average price target of $101.79.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) opened at $109.63 on Thursday. Dollar Tree, Inc. has a 1-year low of $65.63 and a 1-year high of $111.63. The company has a current ratio of 1.95, a quick ratio of 0.28 and a debt-to-equity ratio of 0.91. The stock has a market cap of $25,990.00, a PE ratio of 26.10, a P/E/G ratio of 1.74 and a beta of 0.63.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Tuesday, November 21st. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.11. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.28 billion. During the same quarter last year, the company posted $0.72 earnings per share. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. analysts forecast that Dollar Tree, Inc. will post 4.85 EPS for the current fiscal year.

In related news, Chairman Macon F. Brock, Jr. sold 150,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $91.13, for a total transaction of $13,669,500.00. Following the completion of the sale, the chairman now owns 1,128,795 shares in the company, valued at $102,867,088.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas A. Saunders sold 12,440 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $108.15, for a total transaction of $1,345,386.00. Following the sale, the director now owns 2,326,702 shares of the company’s stock, valued at approximately $251,632,821.30. The disclosure for this sale can be found here. Insiders have sold 357,619 shares of company stock valued at $34,220,260 in the last 90 days. 2.90% of the stock is currently owned by corporate insiders.

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Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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